Member Spotlight – Jonathan M.

Periodically, we highlight VIP members of our community to give our readers insight into the world of money pools, why they’re used and how they might be beneficial under varying circumstances. Enjoy!

Where do you liveand what do you do for a living? Huntington Beach CA. Retail Construction Project Manager currently in San Juan Puerto Rico.

How did you hear about eMoneyPool.com? I knew someone clever had to bring the tanda concept online. Google search: “Online tanda” and there it was…Emoneypool first page results.

Were you familiar with in-person money pools before joining? i.e tandas, cundinas or susus? Being from Southern California and part of the Latino community the tanda concept is practiced extensively.

Now that you’re an eMoneyPool.com veteran, tell us about your experience. Since I travel for work pretty much all the time I’m not able to join a tanda in person. This online version makes it possible. The geeky part of my personality insists I make an Excel spreadsheet to keep track of my payment due dates and payout amounts. I join multiple pools.

Give us one example of how you have used your eMoneyPool.com payouts? Car loan and credit card balance reduction.

For the readers who are new to the concept, explain why you take part in money pools. Saving for a goal is a challenge. I like the discipline required to maintain my account in good standing. The ACH withdrawal system is reliable, inexpensive and keeps the fees low. A few dollars spent in fees is well worth the reward….The Payout.

If you could have one superpower, what would it be? The ability to clone myself…I’m constantly required to be in 2 places at once!